Oftentimes houses that are not being scooped up are because they are in bad areas that promote the economy, health, or sustained living, and safety.

The real key there was the margin of safety between what you paid and the ARV.

Respectful contractors that  keep everythinglow keyed.Make sure you contractor is doing everything in code , namely plumbing, electrical,and roofing.Its all about safety !

If you can find the deal, you have a margin of safety to apply leverage. 

There are pros and cons to both options (HELOC vs. cash-out refinance) that are worth exploring with your loan officer.Rents go up so if you have a HELOC that can be a safety net till the rent goes up.

Mar 2021 - resubmitted for preliminary review and received a preliminary approval, submitted printed plans to get the official planning department approvalApril 2021 - planning department approval and submitted printed plans to building & safety department for plan check.

Safety is very important to me as I will be moving with my family. 

It probably depends on how old the equipment is and whether it meets current safety standards.

Is the insurance affected by the current safety issues - for example wiring not being GFCI protected and smoke detectors inoperative? 

GFCI are safety/liability issues specially for rentals.About the roof sagging, it happens, I will be more concern about multiple shingles layers, you will need a new roof covering, get a roofing company, sometimes they wont even charge for the inspection as long as you hire them.